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20121222
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Search Results 0 to 17 of about 18 (some duplicates have been removed)
economic forces, right? i love the technology revolution, i'm a google addict. they're also drivers of social and political consequences which are not quite so benign. the way i like to look at it, and this is a quote from peter orszag, is, you know, how he sees it is he said, look, the big drivers are probably these economic forces, but the issue is that particularly in the united states the politics instead of trying to mitigate these very powerful economic forces has exacerbated them. so even as you have these economic forces creating much, much more concentration at the very top, you expect politics to sort of try to so much that blow. social institutions to soften that blow. and instead it's been an accelerate rant. and to me, that seems just about right. so who are these super rich guys, and what do they think about the rest of us, and what impact do they have? i would say, you know, the way i would characterize them as a group -- this is sort of a global group -- is these are global alpha geeks. so they do tend to be. and this is a difference from a kind of, you know, downton
technology would make cities obsolete. and yet google, which of all the companies in the world should have access to the best long distance working technology, what do they do? they build the google plex so their workers can be right next to one another. silicon valley, right? practically the most famous geographic cluster in the world is also the industry which is the most technologically savvy. why is it that all this new technology far from making face to face contact in the cities that make it obsolete seems to be hypercharging our cities? this relatively rosy view is very unlike the new york of my youth. i was born in manhattan in 1967. i say that warily in the boston public library. [laughter] but i was. and these are two iconic images from my, from my youth. we could have similar images of new york -- of boston in the 1970s as well. the bottom image is gerald ford denying new york's request for a fiscal bailout. ford didn't literally tell new york to drop dead, but lots of people think he meant it and, indeed, it looked as if new york was very much headed for the trash heap of histo
peal run google and it's three or four and the rest of us give them massages? >> juliet is going to tell us how to solve all of this by working less right after the break. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. >>> hello from new york. i'm chris hayes. heather mcghee, karl smith, and also joining us via satellite is juliet schor. the conceptual category that we use to think about the economy, i think it's fair to say when the numbers come out and think about is the economy in the recession, growing a little, growing a lot, shrinking, that's the way we think about the economy and we're trying to zero in about what that means and what it misses and the subconcepts inside of it for good growth and bad growth. juliet, i first came about you when you wrote "the overworked americans" asking why americans work so much. and i was talking about an envision in which no one i
to the outrageous billion dollar tax shelters for google and other big corporations. please fix that before you push senior citizens over the cliff. >> my new year's message to washington is to grow up, act like adults, do your jobs or resign immediately. we are tired of your being useless and refusing to do your jobs. >> a game of beat the clock. right now on capitol hill, and you guessed it, it's fiscal cliff countdown time. senate leaders on both sides now trying to reach a deal to prevent a huge tax hike on the middle class come the first of the year. senators warn that is not going to be easy. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. some people aren't going to like it, some people will like it less, but that's where we are, and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. we're going do the best we can for the caucuses that we have and the country that's waiting for us to make a decision. >>> paul bran
on android. the new fire power in silicon valley, samsung will layer unique media and apps on top of google standard operating system. then there is the issue of traditional computers. expect the decline of the pc to accelerate in 2013 ascent prices don't buy windows 8 just yet and do snap up other tablets. the windows ecosystem led by microsoft will have a shot at stemming the tablet tide with touch screen pcs but the truly affordable pc at 500 bucks and under won't arrive until the end of the year. finally, 2013 will be a year of shake outs with hp, nokia, and r.i.m. each taking its last stand. expect at least two of them will be forced to start retooling their business models to stay in the game. that means hps parent business will have to hold up. blackberry 10 will have to be a hit, and lumia will have to shine or else. >> and from tech to santelli let's get the santelli exchange on this christmas eve trading session. rick santelli is in chicago. >> hi, carl. you know, i was just talking to ira off camera. i wish all of you in tv land or satellite radio land could be the third party he
, but is it a wake-up call for shareholders or for users of the likes of google and twitter and facebook and so on? we'll talk about that in the next hour of squa"squawk on the stree street". >> see you, simon. >>> it's not just the fiscal cliff, we've been talking about dairy farmers and wind farmers facing their own cliff. the price of a gallon of milk could cost $8 next year if congress fails to renew certain agricultural programs come december 31st. that's when wind farmers will also see the federal wind production tax credit disappear, which could lead the industry at a standstill. in addition to the fiscal cliff, milk cliff, and wind farm cliff, what other cliff are you worried about these days? tweet us. we have a new handle @squawkstreet and junior responses throughout the morning. >> some people on twitter have criticized how we just called it the container cliff. saying not everything is a cliff. >> but everything is a cliff. there is a deadline. >> containers will come in tor they won't. it's binary. >> we were chatting during the break, we're not allowed to own stocks, individual names
, and it is a great speech. it's worth googling and reading. >> evan? >> yeah, susan. >> could you comment on the solarium project in this context? >> yes. one of the great planning exercises of all time and a model for everything that followed was ike coming out of the truman administration had to figure out his strategy. and he put together, you know, he was -- ike was unafraid to put the smartest guys in the room. some presidents don't want to do that. ike welcomed debate. he would jump in himself. and so he organized a methodical process where people offered three options, basically a preemptive strike on the soviet union, a fairly aggressive rollback strategy and something that looked a lot like containment. and they aired these things. and at the end there's a famous quote from george ken nonwho was, of course, the author of "containment" and was running the containment task force, and he had a somewhat condescending screw of general eisenhower as a lot of the sort of smart guys did. but he said at the end of this meeting eisenhower, the president stands up and sharply summarizes exa
's worth googling to read. >> would you comment on the solarium project? >> one of the great planning exercising of all time, and a model for everything that followed was ike coming out of the truman administration had to figure out a strategy, and he put together, ike was unafraid to put smartest guys in the room. presidents don't want to do that. ike welcomed debate, jumped in himself, and so he organized a methodical process where people offered three options, basically, a preemptive strike on the union, a fairly aggressive rollback strategy, and another that looked like containment, aired these things, and at the end, there's a famous quote from george cannon who was, of course, the author of "containment," and he was running the containment task force, and he had a con -- condescending view, and he said at the end of the meeting, eisenhower, the president, stands up and sharply summarizes what nay were talking about for three days, gettings -- gets right to the heart of the matter, and cannon goes, wow, he's the smartest guy in the room. he department show the smarts until the ve
. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ >>> weather making news in parts of the country this christmas. the south is under the threat of severe weather and possible tornadoes as well and a winter storm warning is in effect for much of arkansas, oklahoma, and parts of southern missouri. the storm is already causing problems on the roads. westbound interstate 40 was temporarily shut down for two miles. this is in oklahoma city this morning. the highway patrol says freezing rain is probably to blame for a chain reaction crash involving 20 vehicles. want to get an update on the storm from our meteorologist alexandra steele at the
voter fraud. you can go on google, fined 20 different tracking experiments that people have performed on these diebold machines, and diebold wears its political heart on its sleeve. they contribute hugely to political campaigns. a paper trail for these machines would be an excellent idea to make sure it is not being hacked, because it has been repeatedly proven that it is embarrassingly easy to hack these diebold machines. that needs to happen. anyway, that is the election reform part of my speech, and i am going to end with another song, that kim and i sang when we were at out at the trail. kim actually thought until she was about 12 years old, she thought the picture of fdr on her grandmother's mantelpiece was her grandfather. [laughter] her grandmother was such a fervent new-dealer that she inoculated came into liberal politics. ♪ o beautiful for spacious skies for amber waves of grain for purple mountain majesties above the fruiten plain america! america! god shed his grace on thee and crown thy good with brotherhood from sea to shining sea from sea to shining sea ♪ thank you.
at fire apps yes advises globe global companies like google, yahoo! accenture and haliburton how to manage their risk. thank you for joining us on the program. >> good morning, how are you? >> mellon is warning today that what happens to the yen now will be the focus for many in the market for the first quarter of the year. clearly, you have a prime minister coming to japan absolutely determined that with the bank of japan, they will prevent deflation. can you explain to people sitting home now what that means practice and what that means for american multinationals? >> absolutely. what we have is we are in a currency war where a lot of countries are trying to weaken their currency and therefore,er in a race to weaken their currency. >> wolfgang, forgive me for interrupting you, we have breaking news on the fiscal cliff we need to go to washington. eamon? >> we know now that the president has spoken to all four leaders, according to some wire reports that we are getting, the president called all of the congressional leaders, democrat and republican and what the white house is telling me, i
using their own money, the new space investors -- allen, musk, bezos, the google guys -- every one of these guys was a little kid during apollo. coincidence? ok, let's move on to spaceshipone. i think paul wanted to do this for legacy. as it turns out, spaceshipone has been a profitable business for them. can you imagine an investor going out into the desert and having people do research where the actuaries, the insurance companies do that hole in one insurance, gave $10 million to paul? they said it could not be done. he went out and did that because of his curiosity. now, you would have thought that $20 million or so -- well, that is just pocket change if you have $126 billion, right? he got almost half his money back. richard branson gave him another couple million to put a virgin on it for two flights. he got half his money back right away. he has been licensing the technology for the tethered reentry and is still turning back on it. that is weird. can you imagine, at nasa doing space research and it is probable? -- profitable? no, you cannot imagine that. [laughter] you guys a
facebook and google and zynga. these companies are all going public with dueled clash -- dual class shareholders. i call these private companies in the closet, because they are really finding a way to make sure that they will not be subject to short-term budget short-term shareholders. i am not applauding this development. i think maybe it goes a little too far in the unaccountability direction. but it does suggest that our conventional notions of corporate governance, where directors are pressured to listen to shareholders and to focus on share price, is dysfunctional enough. that is a big part of the story about my public companies are disappearing. -- about why public companies are disappearing. >> thank you so much for coming. i have a question related to the shareholder aspect of things. there is a really great shareholder movement, organizing to mitigate some of these problems. there is whole movement to create new shareholders as well as to increase awareness. do you see this movement as the problem, and any change that can come from? >> again, a wonderful impression -- a won
if we don't learn essential life skills and education? howling of people google to access this increased number of jobs the public =tranfour doesn't get us where we need to be when we need to be there? the value of having a job if we're discriminated against and their son april 9 the national wage for everyone. this campaign is not recognizing a people we represent that are more brightly concerned of getting to school on time. not whether they get a job and five, six, seven years from now. the education age receipts in, they will be more and more young people about frankly be ignored if we make this our campaign. with the next 1 billion pounds funding, getting ready for work does not need to be the campaign. with 160 dozen players who commit jobs they shouldn't be the u.k. youth parliament campaign was 250,000 new work experience placements simply cannot be the youth parliament campaign. [applause] >> thank you very much indeed. i was looking for a female speaker from the west to glimpse a possible. yes, please. welcome. >> thank you, mr. speaker. 1 million young people currently unemplo
and google maps is back in the app store. number four facebook's botched ipo. the most anticipated ipo in years had so many problems. a long delay, technical glitches, investor confusion, and plenty of finger pointing. to top it off underwriters wildly over estimated the company's value pricing shares at $38 apiece. the stock is down almost 30% since. number three yahoo's ceo pads his resume. scott thompson claimed to have a bachelor's degree in accounting and computer science but his degree is only in accounting. guess who's not ceo anymore? number two, jp morgan's $6 billion trading loss. ceo jamie dimon in may disclosed a unit in london lost millions on one complicated trade. he had to explain himself to congress and jp morgan still managed a $5 million profit that quarter. >>> finally the dumbest move in business this year? you guessed it. the fiscal cliff. if we go over analysts say it will spark a recession. then again, congress is taking us right to the edge and maybe beyond. check out the full list of dumbest moments in business on cnn money.com. here's to a smarter 2013. back
team up there doing facebook and twitter and google-plus posts all about where santa is and where he's headed next. >> 1200 volunteers will take phone calls from around the globe answering questions about santa. >> i got one in ireland, i got a bunch in florida, and then i got some in texas. >> all sorts of questions. >> i think the one question about how santa can do all of this in one night, and so that is kind of a tricky question. it's a good thing i read the book. the time con tin aoufplt he doesn'continuum. he doesn't work on the same time we do. jamie: santa does get it done because he has all year to prepare, kelly. kelly: a lot of hard work. and all of you know santa anyway. you know how hard he works. jamie: he's real, he's real. kelly: there is. there is one week to go until the u.s. plunges over the fiscal cliff, and santa couldn't help right there. reportedly no new progress between the chief negotiators in reaching a deal to avoid the potential economic fallout from all of this. the lateness a live report straight ahead. jamie: we'll bring you something a little special
, like facebook and google and zynga. and linkedin. these companies are all going public with dual class shareholders. the founders are retaining control. i call these private companies in the closet, because they are really finding a way to make sure that they will not be subject to short-term budget short-term shareholders. they're making sure that short- term shareholders don't have any votes. i am not applauding this development. i think maybe it goes a little too far in the unaccountability direction. but it does suggest that our conventional notions of corporate governance, where directors are pressured to listen to shareholders and to focus on share price, is dysfunctional enough. that is a big part of the story about why public companies are disappearing. that's a great question. >> any other questions? >> thank you so much for coming. i have a question related to the shareholder aspect of things. i've been involved in shareholder activism. there is a really great shareholder movement, organizing to mitigate some of these problems. like environmental degradation and labor. there
Search Results 0 to 17 of about 18 (some duplicates have been removed)